Lappeenranta University of Technology

Since 1969 Lappeenranta University of Technology (LUT) has brought together two complementary fields of science technology and business studies. LUT’s top sectors are energy efficiency and energy markets, strategic-level business and technology management, scientific comuting and modeling of industrial processes.

LUT School of Business (LSB) is a dynamic and agile teaching and research unit at Lappeenranta University of Technology, unique in its specific areas of expertise. LSB educate highly skilled and flexible professionals who understand the laws of economics while acknowledging the importance of technology as the driving force of business.

LUT’s international community consist of 7000 students and experts. More than 10 000 students have graduated from LUT with Masters of Science degrees in business or engineering. Twenty-six per cent of students who started in autum 2011 were international students. The compact campus area located by the beautiful Lake Saimaa offers LUT students all the student services needed. Many student appartments are located within walking distance, and the university premises offer everything from laboratories to library services, restaurants to health care services – all this literally under one roof.

LUT has nine high-profile Master’s degree programmes (MSc) which are taught in English. These programmes include a total of 18 major subjects in technology and business. Moreover, our up-to-date technological environment offers extensive and innovative learning possibilities to our students.

LUT’s international Master’s programmes in technology, Master of Science (Tech.), specialise in energy technology, mechanical engineering, industrial management, chemical and process engineering, information technology, technomathematics and technical physics. In these areas LUT provides high-level technological competencies. In business LUT educates specialists in three fields for challenging tasks in different sectors of business life.

The Master’s programmes in business, Master of Science (Econ. & Bus. Admin.), specialise in international technology and innovation management, strategic finance and international marketing management. The target of all of these programmes is to provide in-depth studies that prepare students to meet the requirements of the world of work. In LUT Master’s programmes, we also value analytical, management, and conversational skills, as well as the ability to operate in high-pressure professional situations.

Facilities

LUT has up-to-date technological environment. The compact campus area located by the beautiful Lake Saimaa offers LUT students all the student services needed. Many student appartments are located within walking distance, and the university premises offer everything from laboratories to library services, restaurants to health care services – all this literally under one roof.

Fees

There is no tuition for citizens of EU / EEC countries. For students outside EU/EEC countries the tuition is 7000 / 8000 / academic year.

Students have to pay for their books and other materials, plus their accommodation and living expenses. Individual’s average total monthly living expenses amount to approximately EUR 700. The cost of living in Finland is about the same as in other EU countries. Remember that a student card enables you to get meals and other services at student prices wherever you are studying, along with reductions in the cost of e.g. transport, museums and various cultural events and recreational activities. Do not forget personal and leisure expenses. There are many things to see and to do in Finland, and you may also want to visit the neighbouring countries during your stay.

Applications

All the admission information can be found at www.lut.fi/masters

The next application period is 2 January - 14 February 2012.

International and Finnish applicants who meet the general requirements may apply for Master’s degree programmes in English at Lappeenranta University of Technology (LUT).

University Admissions Finland (UAF) is a centralized application and processing service established by 10 Finnish universities. For the applicant the service is free of charge. University Admissions Finland processes the educational certificates, including credential evaluation and verifies your language skills. After the application has been processed at University Admissions Finland, it will be sent to the university for the student selection process.

THE APPLICATION PROCESS BEGINS ONLINE

Before the application period opens, you can create a user account for https://admissions.it.helsinki.fi/uaf/pages/lut.jsp. Be sure to store your account login information. When the application period starts you can continue your application process. The information you give on the template will be compiled into a pdf-document, which will become your Application Form as you print it out.

Applicants should have a BEng/B.Sc. degree in the relevant field of study or in a closely related field. Applicants with a Bachelor’s degree (AMK) in a related field from a Finnish University of Applied Sciences or with a Russian Spetsialist degree are also eligible to apply.

The BEng/B.Sc. degree must be completed by the end of the application period. Please note: If you are still studying or awaiting results, you can apply during the application period, but you must have completed your degree and submitted a copy of your degree certificate to the university by 13 July 2012.

Master Degree Programmes in Economics and Business Administration:

Applicants with the following degrees are eligible to apply:
1) A Finnish lower university degree in business administration (Bachelor of Science (Economics and Business Administration))
2) Bachelor of Business Administration (tradenomi) from a university of applied sciences
3) A Russian Spetsialist degree in the field in question or
4) A foreign university degree that provides eligibility for similar studies in the country in question, including an American-style, university-level BBA programme or an internationally accredited MBA programme (a minimum of 80 ECTS credits of business studies or sufficiently corresponding studies is required*).

Please note! Applicants with a Finnish or foreign higher university degree in business administration (Master of Science (Economics and Business Administration)) are not eligible.

If you are still studying or awaiting results, you can apply during the application period, but you must have completed your degree and submitted a copy of your degree certificate to the university by 13 July 2012. The application must be appended with a certificate of studies completed so far, and the estimated graduation date must be indicated in the application form.

Important! The eligibility conditions described here do not apply to the Master’s programme in International Technology and Innovation Management (MITIM). MITIM eligibility criteria is defined separately www.lut.fi/mitim.

Case Study

Overview

I liked the MITIM (M.Sc. in economics and business administration) programme for many reasons. First of all, the courses were taught by professors from two universities. This fact brought a wide perspective into the subjects. During the studies, I made interesting personal connections. Also the requirement to complete a traineeship as a part of the programme was an outstanding feature. It boosted the practical relevance of the studies.

During one course, we had to find a promising technological innovation and make a short, but persuasive presentation of it, aimed at attracting potential venture capitalists to invest in the project. My team was able to provide convincing arguments and present them with inspiration and confidence and, ultimately, win the competition which was a part of the course. This experience played a significant role in helping me understand that skills in selling a great idea are often as important as the idea itself!

I am currently working in the field of technology and innovation management. The key area of my responsibilities is to develop and ensure the successful rollout of new technical solutions for improving the business processes throughout the company globally. I think that the MITIM programme successfully combines the practical and theoretical sides of business!